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Rollblock Poised to Lead Solana in August

Rollblock (RBLK), one of the top altcoins, is set to lead Solana (SOL) in August. Despite rumors of a Solana ETF, Rollblock’s viral social media presence has analysts expecting significant returns. Predictions include a 10x return for its presale and up to 100x growth in 2024. On the other hand, Filecoin (FIL) is not expected to see a fresh rally this month.

Solana’s Price Rally Fades

Solana’s price has seen a 14% increase over the last month, driven by the approval of Ethereum ETFs and speculation that a Solana ETF will follow. However, this rally is beginning to lose momentum. Issuers have indicated that there is limited institutional demand for ETFs after Bitcoin and Ethereum. Even if Solana is next in line for an ETF, it does not add much value for investors.

Filecoin Price Lowers as Use Cases Fail to Excite Investors

Filecoin’s price is down 0.4% this week and 7% this month, following a 50% drop from its 2024 highs. The business model of storing information on a blockchain has not attracted significant investor interest. Despite partnerships with dApps developers and other blockchains, Filecoin has not seen substantial growth in user numbers or income. Analysts now recommend moving on to fresher prospects, with minimal returns expected in Q3.

Rollblock’s GambleFi Wager Looks Promising

While Solana’s ETF hopes fade, Rollblock’s focus on GambleFi shows strong potential. The global gambling industry generates $450 billion in annual revenue, and Rollblock’s crypto casino aims to capture a share of this market. Rollblock’s aggressive buyback program, where up to 30% of the casino’s revenues are used to buy back its own tokens, is a key strategy. These tokens are either used as staking rewards with high APY rates or burned to maintain low supply and high demand.

Rollblock’s casino platform features over 150 games, including poker, blackjack, roulette, and digital slots. The platform is gaining popularity, adding more than 2,000 new players each week. The current Stage 4 price of $0.0175 is expected to increase to $0.02 when Stage 5 begins in a few days. This guaranteed 15% increase in early August is just the beginning, with long-term estimates predicting more than 100x growth in 2024.

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